2022 preview: Solid business development through the bumpy 2022
4Q22 Preview: earnings recovery remains bumpy; Maintain HOLD
2022 preview: Fruitful BD deals
QIYI Inc(IQ.US)4Q21 Preview 运营优化缓解顶线疲软
–3Q preview: flattish rev/EBITDA growth
4Q preview: sales/adj. EBITDA +18%/+36%
4Q23 earnings preview: NP to be flat QoQ
FY22 Preview: Strong execution of “3+3 Strategy”; Raise TP to HK$2.66
–1H23 preview:Better ASP to offset shipment weakness; Focus on demand recovery in 2H23E
4Q preview: rev/np reach RMB30.7bn/1.1bn